Invesco Dorsey Wright Momentum ETF Surpasses Key Moving Average

On Monday, the Invesco Dorsey Wright Momentum ETF (Symbol: PDP) traded above its 200-day moving average of $105.57, reaching a peak of $105.77 per share. Currently, PDP shares are up approximately 0.3% for the day. The chart below illustrates PDP’s one-year performance compared to its 200-day moving average:

PDP’s 52-week low is $86.41 per share, while its high stands at $117.67. The latest trade price was recorded at $105.89.

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